Comparative Market Analysis 938 Salem St Aurora, CO 80011 CMA for Raymond & Deborah MARCH 31, 2023 Ryan Hoff | ryan@elitehomepartnersco.com
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Ryan Hoff Elite Home Partners at Keller Williams Integrity 50 S. Steele St. Denver CO 80209 3032486080 3037223300 Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011 Ryan Hoff
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Keller Williams Integrity 3032486080
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938 Salem St, Aurora, CO 80011-6344, Arapahoe County Expired Listing
APN: 1973-01-3-04-010 CLIP: 4617697572
MLS Beds 3 MLS Full Baths 2 Half Baths N/A Sale Price $155,000 Sale Date 01/14/2014 MLS Sq Ft 1,621 Lot Sq Ft 8,059 Yr Built 1953 Type SFR OWNER INFORMATION Owner Name Fletcher Raymond S & Deborah Mailing Zip 80011 Owner Name 2 Deborah Fletcher Mailing ZIP 4 6344 Mailing Address 938 Salem St Mailing Carrier Route C092 Mailing City & State Aurora, CO Owner Occupied Yes LOCATION INFORMATION Property Zip 80011 Topography Flat/Level Property Zip4 6344 Neighborhood Code Hoffman Town Nbhd-0218 Property Carrier Route C092 Township 04S School District Adams-Arapahoe 28j Range 67W Elementary School Peoria Bldg Section 01 Middle School South Quarter SW High School Aurora Central Block 26 Subdivision Hoffman Town 3rd Flg Lot 13 Census Tract 75.00 TAX INFORMATION PIN 1973-01-3-04-010 % Improved 72% Alternate PIN 031060346 Tax District 1185 Schedule Number 197301304010 Legal Description LOT 13 BLK 26 HOFFMAN TOWN 3 RD FLG ASSESSMENT & TAX Assessment Year 2022 2021 2020 Market Value - Land $90,500 $90,500 $90,500 Market Value - Improved $237,000 $237,000 $203,000 Market Value - Total $327,500 $327,500 $293,500 Assessed Value - Land $6,290 $6,471 $6,471 Assessed Value - Improved $16,472 $16,946 $14,515 Assessed Value - Total $22,762 $23,417 $20,986 YOY Assessed Change (%) -2 8% 11 58% YOY Assessed Change ($) -$655 $2,431 Tax Year Total Tax Change ($) Change (%) 2020 $2,185 2021 $2,359 $174 7 97% 2022 $2,286 -$74 -3 13% CHARACTERISTICS Lot Frontage 71 Stories 1 Lot Depth 115 Fireplace Y Lot Acres 0 185 Fireplaces 1 Lot Sq Ft 8,059 Cooling Type Central Land Use - County Single Family Resid Heat Fuel Type Gas Land Use - CoreLogic SFR Heat Type Forced Air Building Type Single Family Patio Type Patio/Terrace Style Ranch Garage Type Detached Garage Year Built 1953 Garage Capacity MLS: 1 Bldg Sq Ft - Above Ground 1,621 Garage Sq Ft 504 Bldg Sq Ft - Finished 1,621 Roof Material Asphalt Shingle Bldg Sq Ft - 1st Floor 1,621 Exterior Brick Veneer # Buildings 1 Floor Cover Softwood Bedrooms 3 Foundation Concrete Baths - Total 2 Quality Average Property Details Courtesy of Ryan Hoff, REcolorado Generated on:03/31/23 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 1/3
MLS Total Baths 2 Equipment Disposal Baths - Full 2 FEATURES Feature Type Size/Qty Covered Porch 60 Patio Slab Or Terrace 152 Outbldg Parking Res 504 Enclosed Porch 224 First Floor 1,621 SELL SCORE Rating Very High Value As Of 2023-03-26 04:33:09 Sell Score 906 ESTIMATED VALUE RealAVM™ $469,200 Confidence Score 91 RealAVM™ Range $429,800 - $508,600 Forecast Standard Deviation 8 Value As Of 03/20/2023 (1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal (2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process The confidence score range is 50 - 100 Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales (3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation The FSD can be used to create confidence that the true value has a statistical degree of certainty LISTING INFORMATION MLS Listing Id 3908132 MLS Current Price $490,000 MLS Days On Market 118 MLS Original List Price $500,000 MLS Source REcolorado MLS Listing Contract Date 11/10/2022 MLS Status Expired MLS List Office Name KEY TEAM REAL ESTATE CORP MLS Status Change Date 03/09/2023 MLS List Agent Full Name 55056436-Juan Butanda MLS Listing # 9811175 MLS Source History REcolorado MLS Status Closed MLS Listing Price $155,000 MLS Orig Listing Price $155,000 MLS Listing Close Price $155,000 MLS Listing Date 12/15/2013 MLS Close Date 01/28/2014 LAST MARKET SALE & SALES HISTORY Sale Date 01/14/2014 Deed Type Warranty Deed Sale Price $155,000 Owner Name Fletcher Raymond S & Deborah Price per SqFt - Finished $95 62 Owner Name 2 Deborah Fletcher Document Number D4007455 Seller Sherwin James C II Sale Date 10/11/2016 01/14/2014 08/24/1993 Sale Price $155,000 $78,900 Nominal Y Buyer Fletcher Raymond S & Deborah Fletcher Raymond S Sherwin James G II & Ross B Buyer Fletcher Deborah Sherwin Ross B Seller Fletcher Raymond S Sherwin James C II Cole Robert E & Cole Helen L Document Number D6130042 D4007455 7099-794 Document Type Quit Claim Deed Warranty Deed Warranty Deed Title Company Other First American Title Insurance MORTGAGE HISTORY Mortgage Date 04/15/2021 11/10/2016 01/30/2014 02/14/2012 03/04/2009 Mortgage Amount $75,000 $212,657 $152,192 $80,000 $96,300 Mortgage Lender Figure Lndg LLC American Financing C orp Universal Lending Ent Fcu Ent Fcu Borrower Fletcher Deborah Fletcher Raymond S Fletcher Raymond S Sherwin James C II Sherwin James C II Borrower Fletcher Raymond Fletcher Deborah Ross Bonnie Ross Bonnie Property Details Courtesy of Ryan Hoff, REcolorado Generated on:03/31/23 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 2/3
Mortgage Type Conventional Fha Fha Conventional Conventional Mortgage Purpose Refi Nominal Resale Refi Refi Mortgage Int Rate Type Mortgage Term 30 30 30 12 10 Mortgage Term Years Years Years Years Years Title Company Mortgage Date 06/22/2005 04/18/2003 11/27/2001 Mortgage Amount $115,304 $131,600 $99,537 Mortgage Lender Fitzsimons Cmnty Fcu Ent Fcu Ent Fcu Borrower Ross Bonnie Ross Bonnie Ross Bonnie Borrower Sherwin James C II Sherwin James C II Mortgage Type Conventional Conventional Conventional Mortgage Purpose Refi Refi Refi Mortgage Int Rate Type Fixed Rate Loan Fixed Rate Loan Mortgage Term 15 10 15 Mortgage Term Years Years Years Title Company Other PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Ryan Hoff, REcolorado Generated on:03/31/23 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 3/3
Map of Comparable Listings
STATUS: S = CLOSED P = PENDING MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 938 Salem St 3 2.00 1,6212 7453067 S 12958 E Louisiana Avenue 3 2.00 1,406 $443,350 3 9654793 P 947 S Newark Street 4 2.00 1,272 $419,900 Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
Ryan Hoff
3032486080
Elite Home Partners at Keller Williams Integrity
Listings
Ryan HoffElite Home Partners at Keller Williams Integrity
Details
Prop Type: Single Family Residence
County: Arapahoe
Subdivision: HALLCRAFTS
VILLAGE EAST 7TH FLG
Full baths: 2.0
Features
Appliances: Microwave
Association Yn: false
Concessions: Buyer Closing
Costs/Seller Points Paid
Concessions Amount: 36700
Construction Materials: Brick, Wood Siding
Remarks
Lot Size (sqft): 8,320
Garages: 2
List date: 5/5/22
Sold date: 2/17/23
Off-market date: 2/4/23
Updated: Feb 17, 2023 7:21 AM
List Price: $440,000
Orig list price: $526,000
Taxes: $2,392
School District: AdamsArapahoe 28J
High: Gateway
Middle: Aurora Hills
Elementary: Virginia Court
Cooling: Other
Heating: Forced Air, Natural Gas
Levels: One
Listing Terms: Cash, Conventional, FHA, VA Loan
Living Area Total: 1406
Lot Features: Level
Main Level Bathrooms: 2
Main Level Bedrooms: 3
Parking Total: 2
Roof: Other
Senior Community Yn: false
Sewer: Public Sewer
Structure Type: House
Tax Legal Description: LOT 5 BLK 1 HALLCRAFTS
VILLAGE EAST 7TH FLG
Tax Year: 2021
Utilities: Electricity Available
Welcome home! Home was just updated in December, 2022 including kitchen and flooring updates. The impeccable kitchen has beautiful updated counters and stainless steel appliances. Lighting, ceiling fans, and fixtures flow throughout. The primary bedroom
80012
$443,350 3 Beds 2.00 Baths 1,406 Sq. Ft. ($315 / sqft) CLOSED 2/17/23 Year Built 1974 Days on market: 228
12958 E Louisiana Avenue Aurora, CO
MLS #7453067
Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
Ryan Hoff Elite Home Partners at Keller Williams Integrity 3032486080
features plush carpet, a spacious closet, and a private bathroom. Relax with your favorite drink in the fenced in backyard. Don't miss this incredible opportunity.
Courtesy of Opendoor Brokerage LLCInformation is deemed reliable but not guaranteed.
Ryan Hoff Elite Home Partners at Keller Williams Integrity 3032486080
Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
12958 E Louisiana Avenue Aurora, CO 80012 MLS #7453067 $443,350 3 Beds 2.00 Baths 1,406 Sq. Ft. ($315 / sqft) CLOSED 2/17/23 Year Built 1974 Days on market: 228 Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
Keller
Integrity 3032486080
Ryan Hoff Elite Home Partners at
Williams
Details
Prop Type: Single Family
Residence
County: Arapahoe
Subdivision: Queensborough
Style: Traditional
Full baths: 1.0
Features
Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
Association Yn: false
Basement: Crawl Space
Builder Model: "Newport"
Building Area Source: Public
Records
Construction Materials:
Frame
Cooling: Air ConditioningRoom
Direction Faces: East
3/4 Baths: 1.0
Lot Size (sqft): 6,795
Garages: 1
List date: 3/16/23
Pending date: 3/20/23
Off-market date: 3/20/23
Updated: Mar 20, 2023 4:13 AM
List Price: $419,900
Orig list price: $419,900
Taxes: $997
School District: Cherry Creek 5
High: Overland
Middle: Prairie
Elementary: Highline Community
Electric: 220 Volts
Flooring: Carpet
Foundation Details: Concrete Perimeter
Heating: Forced Air
Interior Features: Eat-in
Kitchen, Open Floorplan
Levels: One
Listing Terms: Cash, Conventional, FHA, VA Loan
Living Area Total: 1272
Lot Features: Level
Main Level Bathrooms: 2
Main Level Bedrooms: 4
Parking Features: Concrete
Parking Total: 1
Patio And Porch: Covered, Patio
Road Frontage Type: Public Road
Road Responsibility: Public
Maintained Road
Road Surface Type: Paved
Roof: Composition
Senior Community Yn: false
Sewer: Public Sewer
Structure Type: House
Tax Legal Description: LOT 14 BLK 3 AURORA KNOLLS SOUTH 1ST FLG
Tax Year: 2022
Water Source: Public
Window Features: Triple Pane Windows, Window Coverings
Zoning: R-1
S
4 Beds 2.00 Baths 1,272 Sq. Ft. ($330 / sqft) PENDING 3/20/23 Year Built 1971 Days on market: 4
947
Newark Street Aurora, CO 80012 MLS #9654793 $419,900
Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
Ryan Hoff
Elite Home Partners at Keller Williams Integrity 3032486080
Remarks
This is the Very Popular American Builders Pulte Expanded "Newport" Ranch***They Blew Out the Back Wall Adding 360 Additional Square Feet for a Total of 1,272 Square Feet on One Level***In 2018 All New Exterior Siding, with Added Insulation, Impact Resistant and Factory Painted***All New Triple Pane Windows in 2018***In 2016 A New Furnace and Central Air Conditioning***A New 50 Gallon Water Heater in January 2023***A New Sewer Line From House to Street in 2004***Open, Spacious Kitchen and Dining Room***Fourth Bedroom and Additional 3/4 Bath***This Home is a One of a Kind***Quiet Interior Site, Cherry Creek Schools.
Courtesy of RE/MAX Alliance Information is deemed reliable but not guaranteed.
Ryan Hoff Elite Home Partners at Keller Williams Integrity 3032486080
Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
947 S Newark Street Aurora, CO 80012 MLS #9654793 $419,900 4 Beds 2.00 Baths 1,272 Sq. Ft. ($330 / sqft) PENDING 3/20/23 Year Built 1971 Days on market: 4 Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
Ryan Hoff
Elite Home Partners at Keller Williams Integrity 3032486080
Comparable Property Statistics
S 1 Sold Listings P 1 Pending Listings LOWEST $443,350 AVERAGE $443,350 HIGH $443,350 AVG PRICE / SQFT $315 AVG DOM 228 LOWEST $419,900 AVERAGE $419,900 HIGH $419,900 AVG PRICE / SQFT $330 AVG DOM 4 Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
Ryan Hoff
Elite Home Partners at Keller Williams Integrity 3032486080
Online Valuation Analysis
How accurate are Zestimates?
2.2% $9,750
Zestimates varied up to 2.2% or $9,750 compared to actual MLS prices.
1 Sold
1 Pending
Ryan Hoff Elite Home Partners at Keller
S ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 12958 E Louisiana Avenue 2/17/23 $443,350 $433,600 -2.2% P ADDRESS PRICE ZESTIMATE DIFFERENCE 947 S Newark Street $419,900 $419,900 0.0% Source: Zillow
Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
Integrity 3032486080
Williams
Sold Property Analysis
Averages 84.29% Homes sold for an average of 84.29% of their list price. 228 Days on market It took an average of 228 days for a home to sell. Analysis ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 12958 E Louisiana Avenue $526,000 $443,350 84.29% 228 $315 Averages $526,000 $443,350 84.29% 228 $315 Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
Home Partners
Keller Williams Integrity 3032486080
Ryan Hoff Elite
at
Summary of Comparable Properties
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 12958 E Louisiana Avenue 2/17/23 3 2.00 1,406 $443,350 $315 Averages 1,406 $443,350 $315
S SOLD LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 947 S Newark Street - 4 2.00 1,272 $419,900 $330 Averages 1,272 $419,900 $330 Comparative Market Analysis 938 Salem Street, Aurora, Colorado 80011
P PENDING LISTINGS
Ryan Hoff Elite Home Partners at Keller Williams Integrity 3032486080